Unlike most other transactions you will record in Xero, payroll data has to be entered via a ‘manual journal’ (if you are not using Xero’s payroll feature) and below we’ve listed how to do this step-by-step. Recording the payroll data for your business consists of both expenses (the cost to the business) and liabilities (how much the business owes to employees, HMRC, etc.) and this data once in the accounting software can then allow you to see if you have made…